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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
5 Months Ended 7 Months Ended 12 Months Ended
May 31, 2018
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2017
Cash flows from operating activities:        
Net income (loss) $ (610,525) $ 23,969 $ (138,315) $ (134,201)
Adjustments to reconcile net income (loss) to net cash flows provided by operating activities:        
Financial Designation, Predecessor and Successor [Fixed List] Predecessor Successor Successor Predecessor
Accretion expense on obligations $ 3,176 $ 5,420 $ 8,112 $ 7,653
Depreciation, depletion and amortization 46,196 16,012 11,666 96,901
Share-based compensation cost 3,784 1,227 2,543 4,266
Impairment of oil and natural gas properties 3 3,065 129,082 93,607
(Gain) loss on sales of oil and natural gas properties 5 (697) (318) (981)
(Gain) loss on equity securities   11,130 (4,593)  
Gain on derivatives, net (444) (16,962) (3,058) (22,854)
Cash settlements of matured derivative contracts 3,099 (5,824) 19,613 (2,235)
Reorganization items, net 573,304      
Other 248 1,020 1,792 1,411
Changes in operating assets and liabilities:        
Accounts receivable (3,518) 7,823 20,385 (2,670)
Other current assets 1,853 (53) 408 (1,585)
Accounts payable and accrued liabilities 4,405 (513) 1,377 (6,783)
Other, net 69 (60) (1,014) (829)
Net cash flows provided by operating activities 21,655 45,557 47,680 31,700
Cash flows from investing activities:        
Acquisition of oil and natural gas properties       (61,400)
Additions to oil and natural gas properties (29,727) (27,368) (1,304) (27,268)
Reimbursements related to oil and natural gas properties 652 1,294 1,441 2,517
Proceeds from sale of oil and natural gas properties 3 140,324 119,750 3,654
Proceeds from sale of equity securities     51,675  
Other 26 29 50 60
Net cash flows provided by (used in) investing activities (29,046) 114,279 171,612 (82,437)
Cash flows from financing activities:        
Repayment of long–term debt borrowings   (182,000) (115,000) (28,000)
Long-term debt borrowings 34,000     26,000
Loan costs incurred (2,813)      
Purchase of treasury stock   (247) (315)  
Dividend payment     (71,256)  
Contributions from general partner 40      
Other   (8) (66)  
Net cash flows provided by (used in) financing activities 31,227 (182,255) (186,637) (2,000)
Increase (decrease) in cash, cash equivalents and restricted cash 23,836 (22,419) 32,655 (52,737)
Cash, cash equivalents and restricted cash - beginning of period 4,896 28,732 6,313 57,633
Cash, cash equivalents and restricted cash - end of period $ 28,732 $ 6,313 $ 38,968 $ 4,896